Buy Commercial Metals Company stocks

COMMERCIAL METALS COMPANY (CMC) Stocks

ABOUT COMMERCIAL METALS COMPANY

📊 Commercial Metals Company (CMC), an American steel and metal manufacturer, was founded in 1915 and has its headquarters in Irving, Texas. The company manufactures, recycles and markets steel and metal products and materials and offers a range of related services.

📊 CMC was originally established in 1915 by Jacob Feldman as a scrap-trading company. In 1994 it acquired the Owen Steel Company in 1994 for US$ 87 million. The company operates through a network of facilities comprising four electric arc furnace (EAF) mini mills, two EAF micro mills, a rerolling mill, steel fabrication and processing plants, metal recycling facilities and construction-related product warehouses in the U.S. and Poland.

📊 Its steel mini-mills are located in Alabama, Arizona, Arkansas, Florida, California, Texas and Carolina, as well as in Poland. The company’s U.S. mills have a capacity of 3.4 million tons and the Polish mill has 1.3 million tons of capacity.

📊 The company’s subsidiaries include CMC Steel Fabricators Inc., CMC Cometals Processing Inc., Structural Metals Inc., Howell Metal Company, Owen Industrial Products Inc. and CMC Europe AG, to name but a few.

📊 Today, the company employs about 7 700 people across its operations.

HISTORY OF COMMERCIAL METALS COMPANY

  • Commercial Metals Company conducts its operations through four primary segments: Americas Recycling, Americas Mills, Americas Fabrication and International Mill.
  • The Americas Recycling segment operates 34 scrap-metal processing facilities. Of these 14 are located in Texas, five each in Florida and South Carolina, two each in Georgia, Missouri and North Carolina, as well as one location each in Kansas, Oklahoma, Louisiana and Tennessee. This segment purchases ferrous and nonferrous metals from a variety of sources in a range of forms.
  • The company owns five large shredding machines located in Texas, Florida, Oklahoma and South Carolina. These machines pulverize obsolete vehicles and other sources of scrap metal. These metals are sold to steel mills and foundries, as well as secondary lead smelters and specialty steel mills, to name but a few.
  • The Americas Fabrication segment comprises steel fabrication facilities that bend, weld, cut and fabricate steel and produce steel fence posts. It also operates facilities that heat-treat steel to improve strength and flexibility.
  • The International Mill segment comprises mini-mill recycling and fabrication operations in Poland. CMC Poland Sp. z.o.o. (CMCP) operates an EAF mini mill in Zawiercie, Poland. Operations include two rolling mills, a specialty rod finishing mill, 12 scrap processing facilities and four steel fabrication facilities.

VISION & VALUES OF COMMERCIAL METALS COMPANY

  • Commercial Metals Company places its customers at the center of all of its operations. The company is committed to industry-leading customer service, improving communities and creating value for shareholders who purchase company shares.
  • It is dedicated to making a positive impact on people and communities and adheres to core values such as integrity, honesty, collaboration, excellence and accountability in all of its operations.

MARKET PERFORMANCE OF COMMERCIAL METALS COMPANY

  • Commercial Metals Company trades on the New York Stock Exchange (NYSE) under the stock symbol “CMC”.
  • The company is an S&P 400 component. For the third quarter 2019 the company’s earnings from continued operations were US$ 78.6 million and net sales of US$ 1.2 billion compared to US$ 42.3 million and net sales of US$ 1.2 million for the prior year period.
  • These sound financials afford shareholders the confidence to buy or sell company shares in the expectation of solid dividends and returns.

LATEST NEWS COMMERCIAL METALS COMPANY

Buy COMMERCIAL METALS COMPANY stocks / shares – 📈 A Step by Step Guide how to Buy / Purchase COMMERCIAL METALS COMPANY Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy COMMERCIAL METALS COMPANY Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN COMMERCIAL METALS COMPANY STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a $5 stock, multiply 100 by $5 to get $500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE COMMERCIAL METALS COMPANY STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of COMMERCIAL METALS COMPANY stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy COMMERCIAL METALS COMPANY stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

You might also like these stocks

More Similar Posts

Menu